One of the top apps is Scarlett Panda, which lets you create stories with friends and family. It offers instant stories, storybooks, meditations, learning adventures and lullabies, with up to 4 personalized characters in 74 languages. You can read stories in the app or have them printed as high-quality bound copies, and it's designed to get the whole family involved.
For something more interactive, DreamCanvas turns your photos into characters and stories. With tools like AI Imagery Creation and an AI Storyboard generator, you can create custom children's books in different styles. You can use it for free to create stories without publishing, so it's good for gifts or special occasions.